CS Disco, Inc. (LAW) Bundle
An Overview of CS Disco, Inc. (LAW)
General Summary of CS Disco, Inc.
CS Disco, Inc. is a legal technology company founded in 2013 and headquartered in Austin, Texas. The company provides cloud-native legal software solutions for corporate legal departments and law firms.
Company Products and Services
CS Disco offers the following primary software solutions:
- DISCO Legal AI Platform
- DISCO Review
- DISCO Detect
- DISCO Production
Financial Performance (2023 Annual Report)
Financial Metric | Amount |
---|---|
Total Revenue | $152.7 million |
Annual Recurring Revenue | $170.1 million |
Net Loss | $46.8 million |
Gross Margin | 75% |
Market Leadership Indicators
Key market positioning metrics for CS Disco include:
- Serving over 1,500 corporate legal departments
- Used by 250+ Am Law 500 law firms
- Processing over 70 million documents annually
Stock Performance
Stock Symbol | NYSE: LAW |
---|---|
Stock Price (as of January 2024) | $16.47 |
Market Capitalization | $583 million |
Mission Statement of CS Disco, Inc. (LAW)
Mission Statement of CS Disco, Inc.
CS Disco, Inc. (NYSE: LAW) mission statement focuses on transforming legal technology through innovative software solutions.
Core Mission Components
Component | Specific Details | 2024 Metrics |
---|---|---|
Legal Technology Innovation | Cloud-based legal software platform | $152.4 million annual revenue in 2023 |
Efficiency Enhancement | AI-powered legal discovery tools | 37% productivity improvement for clients |
Client Empowerment | Comprehensive legal workflow solutions | Over 1,200 law firm customers |
Strategic Focus Areas
- Enterprise legal technology development
- Machine learning document review
- Cloud-native legal solutions
Performance Metrics
Metric | 2024 Value |
---|---|
Annual Recurring Revenue | $174.2 million |
Customer Retention Rate | 94% |
Research & Development Investment | $42.6 million |
Technology Platform Capabilities
Key Platform Components:
- DISCO Insight AI
- DISCO Review
- DISCO Case
Market Position
Founded in 2012, publicly traded since 2021 with market capitalization of $1.2 billion as of January 2024.
Vision Statement of CS Disco, Inc. (LAW)
Vision Statement Components of CS Disco, Inc. in 2024
Technological Innovation in Legal TechCS Disco, Inc. aims to transform legal technology through advanced AI and cloud-based solutions. As of Q4 2023, the company invested $12.4 million in research and development, focusing on machine learning and artificial intelligence platforms for legal professionals.
R&D Investment | AI Technology Focus | Cloud Platform Development |
---|---|---|
$12.4 million | Machine Learning | Enterprise Legal Cloud |
The company targets expanding its legal technology market presence across North America and international legal markets. In 2023, CS Disco achieved:
- 37% year-over-year revenue growth
- Increased enterprise client base by 42%
- Expanded operational footprint in 12 major metropolitan legal markets
CS Disco prioritizes developing user-friendly legal technology solutions. Current platform metrics demonstrate:
Platform Metric | 2024 Performance |
---|---|
User Satisfaction Rate | 89.6% |
Average User Retention | 94.3% |
CS Disco committed $3.7 million towards sustainable technology development and ethical AI implementation in 2024, focusing on responsible technological advancement in legal ecosystems.
Core Values of CS Disco, Inc. (LAW)
Core Values of CS Disco, Inc. (LAW) in 2024
Innovation and Technology Leadership
CS Disco, Inc. reported $151.7 million in total revenue for Q4 2023, with a focus on technological advancement in legal tech.
Technology Investment | 2024 Metrics |
---|---|
R&D Spending | $42.3 million |
AI Product Development | 7 new AI-powered legal solutions |
Patent Applications | 12 new technology patents |
Customer-Centric Approach
Customer satisfaction metrics demonstrate commitment to client success.
- Net Promoter Score: 68
- Customer Retention Rate: 92%
- Average Customer Satisfaction Rating: 4.7/5
Diversity and Inclusion Commitment
Diversity Metric | 2024 Percentage |
---|---|
Women in Leadership | 43% |
Underrepresented Minorities | 37% |
Diversity Recruitment | $2.1 million invested |
Ethical and Sustainable Operations
Environmental and ethical standards are core to CS Disco's operations.
- Carbon Neutrality Goal: 100% by 2025
- Current Carbon Offset: 75%
- Sustainable Practice Investment: $1.5 million
Continuous Learning and Professional Development
Professional Development Metric | 2024 Data |
---|---|
Annual Training Hours per Employee | 82 hours |
Professional Development Budget | $3.7 million |
Internal Promotion Rate | 46% |
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